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Business strategy
Factors affecting a business decision-making process.
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[QUOTE="Axis, post: 299829, member: 66672"] Decision-making is definitely one of the most crucial activities in a business organisation that should never be neglected. It is absolutely important for business owners and business managers to perform decision-making accurately and efficiently and that definitely demands that they put into proper consideration all factors that necessitates the possibility and ability for a business owner to make effective business decisions. The use of technology can also affect an individual's ability to make decision making. For example computers usually assist business owners and business managers to make effective business decisions and the reason is because with the use of computer devices the calculation, interpretation, assembling, computing, classifying, and modifying of business that is are done accurately and in such a way that all personals in the business organisation can understand. Decision-making is also affected by the method in which businesses are being recorded. For example if a particular business organisation still use books and journals to record business transactions that can lead to erroneous method of business decision-making. [/QUOTE]
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